Essar Steel: Liquidation Looms Large as Bidding Forced into Round Two
The wait for Essar Steel’s lenders only got longer as the Consortium of Creditors that replaced its board rejected bids from Numetal and...
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HDFC Bank: Finding the Next Jindal Steel & Power
Corporate malaise is the reality in India. This is clear in corporate financial analysis, with high debt/EBITDA and low interest coverage. The...
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Vedanta Resources: Getting ZINCronized
Vedanta Resources PLC (VED LN) ("Vedanta")'s rating upgrade by Moody's on 20-November reflects India's sovereign rating upgrade 3 days before, in...
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Vedanta Buoyed by Surging Commodity Prices and Improved Output but What Is Agarwal's Vision?
With Vedanta Resources plc (VRplc) (VED LN) gross debt reaching record levels of USD18.2bn at FYE March 2017, and following some mediocre Q1 FYE...
232 Views
India Small Cap Tour: Texmaco Rail & Engineering En Route to Becoming Total Rail Solutions Provider
Texmaco Rail And Engineering Ltd (TXMRE IN), in its FY2016 Annual Report, repeatedly highlighted the conundrum that the Indian wagon industry has...
527 Views